>>214109758
GDP is a poor metric, especially when used uncritically as a proxy for economic well-being. Because it counts things like high housing costs or having to pay for something that used to be free as "economic growth".

Also, weak currency (against USD) makes things misleading. Japan's GDP is actually growing (JPY-based), but in USD-based terms, Japan looks stagnant, and this affects global rankings.

GDP is a poor metric, especially when used uncritically as a proxy for economic well-being. Because it counts things like high housing costs or having to pay for something that used to be free as "economic growth".

Also, weak currency (against USD) makes things misleading. Japan's GDP is actually growing (JPY-based), but in USD-based terms, Japan looks stagnant, and this affects global rankings.